Company presentation on Bionym for EECS 496 umich

1. Noah Katzman

2. Nymi - Biometric Authentication

3. How it works?
● Turns on when put on wrist
● Unauthenticated when off
● 3 Factor Authentication

4. History
● Founded 2011
○ University of Toronto EECS Phd’s
● Based in Toronto, Canada
● Nymi still in development
○ late summer/early fall release

5. ● Seed funding 8/2013
○ $1.4M
● Pre-order for $79
○ “exclusive launch price”
● Normal price for $99
Financials

6. ● Partnership with PasswordBox
○ Provide 1-tap login
● Pre order Nymi get PasswordBox for life
What’s Hot

7. ● Software and ECG identification algorithm
○ Called HeartId
● Continuous and seamless authentication
● Licence for use in other devices
Secret Sauce

8. myIDkey
Competition
Motorola Skip NFC Ring

9. Success?
● Yes
○ but HAS to be secure and work
● Need developer integration
● Wearable tech has to remain popular